# mining News

Hope might be on the horizon for Nvidia, as the chip maker is on track to sell off all their built up inventory by the first quarter of 2019 according to a March 19, 2019 report. Clearing Stock and High Hopes When the crypto winter came fell upon the industry...

In a surprising revelation, it has come to light that the second biggest miners of crypto are college students who make use of university’s free electricity, as reported by PC Mag on March 5, 2019. Free for All Anyone who has ever tried to mine cryptocurrency will know that besides...

Wong Chung-kit, a Hong Kong scammer who has made over $400,000 from peddling fraudulent mining machines, has been arrested, as reported on February 28, 2019. To the Slammer Wong Ching-kit, a Hong Kong-based crypto entrepreneur, has been arrested for running a scam selling fraudulent crypto mining machines to his victims....

Developers building public blockchains are faced with slowly losing the war against Application-Specific Integrated Circuit (ASICs). ASIC-resistant developers are facing an eternal “cat and mouse” chase in which some have claimed they may have already lost. Drawing from a post on Medium by Derek Hsue, in this article, BTCManager will...

The smartphone that is projected to cost only $80 is a fully functional handset with all the regular features you expect in an ordinary handset for that price. However, the phone has been preconfigured with Electroneum’s mobile crypto mining App and the “cloud mining” technology that enables users to earn...

Developers building public blockchains are faced with slowly losing the war against Application-Specific Integrated Circuit (ASICs). ASIC-resistant developers are facing an eternal “cat and mouse” chase in which some have claimed they may have already lost. Drawing from a post on Medium by Derek Hsue, in this article, BTCManager will...

The smartphone that is projected to cost only $80 is a fully functional handset with all the regular features you expect in an ordinary handset for that price. However, the phone has been preconfigured with Electroneum’s mobile crypto mining App and the “cloud mining” technology that enables users to earn...

In a blog post published February 18, 2019, the Chinese cryptocurrency mining juggernaut Bitmain announced the launch of their next generation 7nm ASIC chip, named BM1397. The new chip facilitates faster and more economical mining for cryptocurrencies that use the SHA256 algorithm for computation of mathematical problems. Energy Efficient BM1397|...

Microsoft has booted eight malevolent apps from its official desktop and app store that have been secretly mining monero (XMR) from unsuspecting computers. Researchers from Symantec discovered the eight malicious apps and informed Microsoft who took the necessary steps. Apps Worked in a Similar Fashion According to the official report...

Despite the gloomy cryptocurrency market outlook, bad actors are still interested in illegally amassing bitcoin (BTC) and other cryptoassets. In the latest development, a 22-year-old student has been arrested by the Indonesian police for illegally setting up a virtual currency mining operation with college computers, reported The Jakarta Post on...

Monero developers are set to fork the network in their continued efforts to brick application specific integrated circuit (miners) on the blockchain. The move should significantly lower hash rate allowing small-scale mining operations running graphics processing units (GPUs) to compete favorably and make the network’s PoW algorithm less ASIC-friendly.This according...

Mozilla, the non-profit organization behind the Firefox web browser, is ready to make life unbearable for crypto jackers as it has announced plans to add cryptocurrency mining and fingerprinting blocking functionality to the Firefox browser. This according to a BleepingComputer report on February 5, 2019. Tackling Cryptojacking As reported, a considerable...

Cybersecurity firm JASK Inc. published a study on February 5, 2019, detailing the wave of cryptojacking attacks in November 2018 that mined privacy-centric cryptocurrency Monero (XMR) on target user’s computer system. Romanian Hacker Group “Outlaw” to Blame According to research conducted by JASK, an upgraded and modified version of trojan Shellbot...

A new threat to crypto users has been exposed as CookieMiner, a malware designed to steal web cookies and user passwords for cryptocurrency exchanges. A Novel Attack Vector Malware has been in the news a lot lately. For instance, it was revealed that four percent of all the Monero (XMR)...

Bitfury, a highly-reputed firm dedicated to securing the Bitcoin blockchain, is collaborating with Commons Foundation, a Seoul-based organization focused on creating and implementing cultural, economic, and social peer-to-peer models. The duo will launch a Bitcoin transaction processing center in Paraguay, as part of the latter’s “Golden Goose” initiative aimed at...

DISCLAIMER:

BTCMANAGER.COM IS NOT A FINANCIAL PROJECT AND DOES NOT PROVIDE ANY INVESTMENT SERVICES OR REPRESENT ANYONE'S INTERESTS OTHER THAN ITS OWN. FOR BASIC INFORMATION ON THIS WEBSITE WE PUT OUR OWN KNOWLEDGE ABOUT ONLINE PAYMENT METHODS, PRACTICAL SKILLS AND YEARS OF EXPERIENCE. BTCMANAGER WEBSITE IS OFFERED TO WIDE RANGE OF READERS AS A DAILY DIGEST THAT FOCUSES ON ISSUES AND MODERN SOLUTIONS IN THE PRACTICAL APPLICATION THE MAIN CRYPTOCURRENCY AND ITS DERIVATIVES. AMONG OUR MAIN OBJECTIVES IS TO POPULARIZE THE USE OF CRYPTOCURRENCY, EXPLANATION WHAT CRYPTOCURRENCIES ARE AND HOW THEY PLAY THE ROLE OF PAYMENT INSTRUMENT AND MEANS FOR SAFE STORING AND EARNINGS, AS WELL AS PROVIDING THE NECESSARY KNOWLEDGE, EDUCATIONAL ARTICLES, INFORMATION ABOUT UPCOMING EVENTS AND CONFERENCES DEDICATED TO THE DEVELOPMENT OF CRYPTOCURRENCY. BTC MANAGER IS NOT RESPONSIBLE FOR ANY RESULTS OF YOUR USING THE INFORMATION FROM OUR WEBSITE